Profit Yielding Telecom Bonds
Sharia-compliant profit-sharing bonds backed by Tier-1 telecom operations. Structured as Mudarabah, not debt. Deposit stablecoins. Earn yield uncorrelated to crypto markets.
Sharia-compliant profit-sharing bonds backed by Tier-1 telecom operations. Structured as Mudarabah, not debt. Deposit stablecoins. Earn yield uncorrelated to crypto markets.
Credit lines for
In TradFi, governments and corporations raise money by issuing bonds. A bond is a loan from investors to the issuer, recorded as a tradeable debt security. Commercial paper is a short-term, unsecured instrument. Unlike bonds, it carries no collateral.
Bondholders receive periodic fixed returns called coupon payments until the bond matures. At maturity, the issuer repays the principal, assuming no default.
Commercial paper sells at a discount. The issuer redeems it at face value at maturity; the spread is the investor's return (like a zero-coupon bond).
Each bond's risk level determines its coupon rate. Stable governments (e.g., U.S. or Germany) offer lower coupons because default risk is low. Corporations in volatile industries, or those with weak credit ratings, must offer higher coupons to attract capital.
Only medium-to-large corporations with strong credit ratings issue commercial paper. Investors require that assurance before buying.
Bonds come with different time horizons: short-term (1–5 years), medium-term (5–10 years), or long-term (10+ years). Longer maturities often carry higher coupons to compensate for the added risk of inflation or interest rate shifts.
Commercial paper has a short maturity, usually ranging from a few days to 270 days (9 months), though most often it's 30–90 days.
Just like shares, bonds can be bought and sold on secondary markets, such as bond exchanges, allowing investors to trade them before maturity.
Commercial paper is primarily designed as a "buy-and-hold" instrument. Its secondary markets are much smaller and less liquid than the bond market.
Governments (e.g., U.S. Treasury), large corporations, and creditworthy mid-size firms issue bonds. Smaller businesses rarely do: the process demands significant capital, regulatory compliance, and established investor trust.
Bond and commercial paper issuance sits above a threshold most smaller entities cannot reach.
SukukFi is a marketplace where profitable companies that TradFi perceives to be risky can issue a bond. Investors lend to companies that struggle to raise credit and earn a profit share in return.
Our technology automates the flow of money in the sales contracts of a company (bond issuer) to mitigate risks for the investor (bond holder).
Sharia requires lenders to share in the risk of the loan. SukukFi embeds that requirement directly into the sales contract of each bond issuer, enforcing compliance at the protocol level:
The contract enforces supplier payments on the vendor's behalf and routes customer payments to bondholders as principal and profit.
SukukFi bond risk rests on the creditworthiness of the issuer's customers and the asset being funded. Maturities run from 22 days to 15 months, depending on deal structure and customer payment frequency.
Bondholders receive profit shares up to 20% APY equivalent. At maturity, the issuer repays the principal, assuming no default.
SukukFi bonds can be bought and sold on secondary markets, such as Kodiak, allowing investors to trade them before maturity or earn additional yield by providing liquidity on Kodiak.
SukukFi bonds can be loaned or borrowed on our profit-sharing isolated-risk money markets. Borrowers' loans are put to work generating profit shared with lenders, letting borrowers increase their position size in DeFi.
Deposit USDC.e, USDT0 or HONEY to earn profit share yield.
Claim bond tokens representing your share of the vault and earn more yield by providing liquidity.
SukukFi converts the buyer's USD payment to stablecoins and returns them to the vault.
SukukFi settles Tier-1 telco and hyperscaler usage with trUST, its onchain synthetic dollar.
Protocol mechanics, Sharia structure, and how to get started.
SukukFi is a marketplace where profitable businesses raise debt from DeFi investors. Each instrument is secured against the company's cash flow and supply inventory. Depositors earn a share of the business's profit on every deal. The protocol connects global trade markets to DeFi capital.
SukukFi uses stablecoins to connect DeFi capital with real-world trade. Starting in the $1T per annum Telecom Voice, Messaging & Data industry, it builds credit lines for technology companies that sell to large, creditworthy buyers on extended payment terms. Depositors fund those supplier payments and earn a share of the profit when buyers settle their invoices.
SukukFi capital providers deposit stablecoins into pools and in doing so receive a token representing their share of the overall pool. This token represents the Bond they have invested in which will earn a share of the profits from the business that raises debt under this bond.
SukukFi advances stablecoins to fund supplier invoices, then collects payment when buyers settle. The margin between advance and collection is your yield. On each settlement, SukukFi's banking infrastructure converts the inbound fiat to stablecoins and distributes principal plus profit share to depositors.
SukukFi pools are deployed on Berachain where capital providers can deposit: USDT0, USDC.e, and HONEY. If you have stablecoins on any other blockchain you can use bridging providers such as Stargate Finance to transfer your coins to Berachain.
Investors are not charged management or withdrawal fees. A performance fee of up to 20% may apply to profit distributed from pools; SukukFi may waive this fee for specific pools, campaigns, or periods at its discretion. The fee treatment in effect for each pool is shown in pool documentation and at deposit.
SukukFi builds Sharia compliance into the smart contracts themselves. Each funding mechanism follows one of two Islamic Finance principles:
Mudarabah is a profit-sharing contract. One party provides capital, an entrepreneur runs the business, and profits split at a pre-agreed ratio. The capital provider bears losses.
Murabaha is a sale contract where SukukFi buys an asset and resells it at a fixed markup agreed upfront. The profit margin is set at signing, not calculated as interest over time.
SukukFi smart contracts are open to everyone. The protocol's underlying principle is profit from real business activity, not returns manufactured from debt.
Deposit USDC.e, USDT0, or HONEY into profit-sharing bond pools. Yield comes from business revenue, settled onchain.